Streetbeat News

Revenues

WKSP

Worksport (NASDAQ:WKSP) reported a significant increase in Q3 sales, reaching $458.48K, up from $18.35K in the same period last year, marking a 2.40K percent increase year-over-year.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 1:13 pm

ASND

Ascendis Pharma A/S has resubmitted its NDA for TransCon PTH to the FDA for treating hypoparathyroidism. The resubmission follows a Type A meeting with the FDA and is based on positive clinical trial results and a new manufacturing control strategy. TransCon PTH has shown significant health improvements in trials and has received a positive CHMP opinion in the EU, with an EC decision expected soon.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 1:11 pm

ENSV

Enservco Corporation reported its Q3 earnings with an EPS of $(0.13), an improvement from $(0.27) year-over-year. However, revenue decreased to $2.9M from $3.1M in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 1:07 pm

SHOT

Safety Shot Inc announced in an SEC filing that due to the spin-off of SRM Entertainment, Limited, the company anticipates a decrease in revenues from $1,035,762 to approximately $808,778. Additionally, Safety Shot Inc expects a significant increase in its net loss, from $6.7 million to $9.4 million.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 1:07 pm

GFF

Griffon Corporation projects its FY24 revenue to be $2.6 billion, aligning with market consensus, and anticipates an Adjusted EBITDA of $525 million.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 1:06 pm

TCEHY

Tencent Holding Ltd (OTC:TCEHY) reported Q3 revenue of $21.5 billion, missing the $21.9 billion consensus. Despite this, non-IFRS operating profit rose 36% Y/Y to $7.7 billion, with margins increasing from 29% to 36%. Non-IFRS EPS was RMB4.657, against a consensus of $0.57. Revenue growth was seen across various segments, with VAS up 4% Y/Y, International Games up 14% Y/Y, Online Advertising up 20% Y/Y, and FinTech and Business Services up 16% Y/Y. Adjusted EBITDA increased by 26% Y/Y, and free cash flow surged 85% Y/Y. The company is focusing on high margin revenue streams and investing in AI. FY23 revenue and EPS consensus are $85.68 billion and $2.02, respectively. TCEHY shares closed up 2.06% at $40.68 on Tuesday.

Portfolio Pulse from Anusuya Lahiri

November 15, 2023 | 1:05 pm

GOOG

GOOGL

NFLX

Piper Sandler's biannual survey shows that American teens spend 57.8% of their daily video viewing time on YouTube and Netflix, with YouTube leading at 29.1% and Netflix at 28.7%. YouTube's market share increased by 1% since spring, while Netflix's share dropped by 2.2%. Both platforms have raised subscription prices, which may have influenced these changes. The survey also noted a decline in time spent on cable TV, HBO Max, and Hulu, but an increase for Amazon Prime Video and Disney+.

Portfolio Pulse from Rounak Jain

November 15, 2023 | 12:42 pm

CDRO

Codere Online has raised its 2023 net gaming revenue forecast to €155M-€165M. This update suggests a positive outlook for the company's financial performance.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 12:40 pm

THCH

TH International (NASDAQ:THCH) reported a narrower adjusted EPS loss of $(0.09) in Q3, improving from $(0.10) YoY. Sales increased by 39.18% to $59.81M from $42.98M YoY.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 12:39 pm

CDRO

Codere Online reported a total revenue of €41.1 million for Q3, marking a 42% increase year-over-year.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 12:38 pm